Cornerstone First Mortgage in North Carolina vs the state
5.0%Denial rate-13.09 pts vs state
6.7%Decision denial rate-16.15 pts vs state
68.9%Origination rate+11.13 pts vs state
7.25%Median rate+0.75 pts vs state
0.62Rate spread (pts)+0.53 pts vs state
$97kMedian applicant income
111Loans originated
8Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 15 | 15 | 0.0% | 6.99% | #553 |
| 2024 | 76 | 45 | 4.0% | 6.88% | #334 |
| 2025 | 161 | 111 | 5.0% | 7.25% | #260 |
What Cornerstone First Mortgage lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Cornerstone First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 33 | 30 | 1 | 3.0% |
| New Hanover County | 15 | 9 | 0 | 0.0% |
| Wake County | 10 | 8 | 1 | 10.0% |
| Pender County | 8 | 3 | 0 | 0.0% |
| Brunswick County | 8 | 4 | 0 | 0.0% |
| Cumberland County | 6 | 6 | 0 | 0.0% |
| Durham County | 5 | 3 | 1 | 20.0% |
| Cabarrus County | 5 | 3 | 1 | 20.0% |
| Onslow County | 5 | 3 | 0 | 0.0% |
| Guilford County | 5 | 3 | 0 | 0.0% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 161 applications in 2025, of which 111 were originated and 8 denied.
5.0% of all applications, or 6.7% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Cornerstone First Mortgage originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Cornerstone First Mortgage's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology